6.2 The Natural Base e Essential Question What is the natural base e? So far in your study of mathematics, you have worked with special numbers such as π and i. Another special number is called the natural base and is denoted by e. The natural base e is irrational, so you cannot find its exact value. Approximating the Natural Base e Work with a partner. One way to approximate the natural base e is to approximate the sum 1 1 1 1 1 + — + — + — + —— + . . . . 1 1 2 1 2 3 1 2 3 4 ⋅ USING TOOLS STRATEGICALLY To be proficient in math, you need to use technological tools to explore and deepen your understanding of concepts. ⋅ ⋅ ⋅ ⋅ ⋅ Use a spreadsheet or a graphing calculator to approximate this sum. Explain the steps you used. How many decimal places did you use in your approximation? Approximating the Natural Base e Work with a partner. Another way to approximate the natural base e is to consider the expression x ( 1 + 1x ) . — As x increases, the value of this expression approaches the value of e. Copy and complete the table. Then use the results in the table to approximate e. Compare this approximation to the one you obtained in Exploration 1. x ( 1 1+— x 101 102 103 104 105 106 x ) Graphing a Natural Base Function Work with a partner. Use your approximate value of e in Exploration 1 or 2 to complete the table. Then sketch the graph of the natural base exponential function y = e x. You can use a graphing calculator and the e x key to check your graph. What are the domain and range of y = e x? Justify your answers. x −2 −1 0 1 2 y = ex Communicate Your Answer 4. What is the natural base e? 5. Repeat Exploration 3 for the natural base exponential function y = e−x. Then compare the graph of y = e x to the graph of y = e−x. 6. The natural base e is used in a wide variety of real-life applications. Use the Internet or some other reference to research some of the real-life applications of e. Section 6.2 hsnb_alg2_pe_0602.indd 303 The Natural Base e 303 2/5/15 11:38 AM 6.2 Lesson What You Will Learn Define and use the natural base e. Graph natural base functions. Core Vocabul Vocabulary larry Solve real-life problems. natural base e, p. 304 The Natural Base e Previous irrational number properties of exponents percent increase percent decrease compound interest The history of mathematics is marked by the discovery of special numbers, such as π and i. Another special number is denoted by the letter e. The number is called the x 1 natural base e. The expression 1 + — approaches e as x x increases, as shown in the graph and table. ( ) y 2 ( 1 x 8 12 y= 1+x 1 0 x y=e 3 0 4 ( 101 102 103 104 105 106 2.59374 2.70481 2.71692 2.71815 2.71827 2.71828 x x ( 1 + —x1 ) Core Concept The Natural Base e The natural base e is irrational. It is defined as follows: ( x ) 1 As x approaches +∞, 1 + — approaches e ≈ 2.71828182846. x Simplifying Natural Base Expressions Check Simplify each expression. You can use a calculator to check the equivalence of numerical expressions involving e. a. e3 e^(3)*e^(6) 8103.083928 e^(9) 8103.083928 ⋅e 6 16e5 b. — 4e4 c. (3e−4x)2 16e5 b. — = 4e5 − 4 4e4 c. (3e−4x)2 = 32(e−4x)2 SOLUTION ⋅ a. e3 e6 = e3 + 6 = e9 = 4e = 9e−8x 9 =— e8x Monitoring Progress Help in English and Spanish at BigIdeasMath.com Simplify the expression. 1. e7 304 Chapter 6 hsnb_alg2_pe_0602.indd 304 ⋅e 4 24e8 8e 2. — 5 3. (10e−3x)3 Exponential and Logarithmic Functions 2/5/15 11:38 AM Graphing Natural Base Functions Core Concept Natural Base Functions A function of the form y = aerx is called a natural base exponential function. • When a > 0 and r > 0, the function is an exponential growth function. • When a > 0 and r < 0, the function is an exponential decay function. The graphs of the basic functions y = e x and y = e−x are shown. 7 y 7 exponential 5 growth 3 exponential decay 5 y = ex y = e−x (1, 2.718) (0, 1) −4 y 3 (1, 0.368) (0, 1) −2 2 4 x −4 −2 2 x 4 Graphing Natural Base Functions Tell whether each function represents exponential growth or exponential decay. Then graph the function. b. f (x) = e−0.5x a. y = 3ex LOOKING FOR STRUCTURE You can rewrite natural base exponential functions to find percent rates of change. In Example 2(b), f (x) = e−0.5x = (e−0.5)x SOLUTION a. Because a = 3 is positive and r = 1 is positive, the function is an exponential growth function. Use a table to graph the function. b. Because a = 1 is positive and r = −0.5 is negative, the function is an exponential decay function. Use a table to graph the function. x −2 −1 0 1 x −4 −2 0 2 y 0.41 1.10 3 8.15 y 7.39 2.72 1 0.37 ≈ (0.6065)x = (1 − 0.3935)x. 16 So, the percent decrease is about 39.35%. y y (−4, 7.39) 12 (−1, 1.10) 8 6 (1, 8.15) 4 (−2, 2.72) (−2, 0.41) −4 −2 (0, 3) 2 2 (2, 0.37) (0, 1) 4x Monitoring Progress −4 −2 2 4x Help in English and Spanish at BigIdeasMath.com Tell whether the function represents exponential growth or exponential decay. Then graph the function. 1 4. y = —2 e x 5. y = 4e−x Section 6.2 hsnb_alg2_pe_0602.indd 305 6. f (x) = 2e2x The Natural Base e 305 2/5/15 11:38 AM Solving Real-Life Problems You have learned that the balance of an account earning compound interest is given by r nt A = P 1 + — . As the frequency n of compounding approaches positive infinity, the n compound interest formula approximates the following formula. ) ( Core Concept Continuously Compounded Interest When interest is compounded continuously, the amount A in an account after t years is given by the formula A = Pe rt where P is the principal and r is the annual interest rate expressed as a decimal. Modeling with Mathematics 12,000 You and your friend each have accounts that earn annual interest compounded continuously. The balance A (in dollars) of your account after t years can be modeled by A = 4500e0.04t. The graph shows the balance of your friend’s account over time. Which account has a greater principal? Which has a greater balance after 10 years? 10,000 SOLUTION Your Friend’s Account Balance (dollars) A 1. Understand the Problem You are given a graph and an equation that represent account balances. You are asked to identify the account with the greater principal and the account with the greater balance after 10 years. 8,000 6,000 4,000 2. Make a Plan Use the equation to find your principal and account balance after 10 years. Then compare these values to the graph of your friend’s account. (0, 4000) 2,000 0 0 4 8 12 16 Year t 3. Solve the Problem The equation A = 4500e0.04t is of the form A = Pe rt, where P = 4500. So, your principal is $4500. Your balance A when t = 10 is A = 4500e0.04(10) = $6713.21. Because the graph passes through (0, 4000), your friend’s principal is $4000. The graph also shows that the balance is about $7250 when t = 10. So, your account has a greater principal, but your friend’s account has a greater balance after 10 years. MAKING CONJECTURES You can also use this reasoning to conclude that your friend’s account has a greater annual interest rate than your account. 4. Look Back Because your friend’s account has a lesser principal but a greater balance after 10 years, the average rate of change from t = 0 to t = 10 should be greater for your friend’s account than for your account. A(10) − A(0) 6713.21 − 4500 Your account: —— = —— = 221.321 10 − 0 10 A(10) − A(0) 7250 − 4000 Your friend’s account: —— ≈ —— = 325 10 − 0 10 Monitoring Progress ✓ Help in English and Spanish at BigIdeasMath.com 7. You deposit $4250 in an account that earns 5% annual interest compounded continuously. Compare the balance after 10 years with the accounts in Example 3. 306 Chapter 6 hsnb_alg2_pe_0602.indd 306 Exponential and Logarithmic Functions 2/5/15 11:38 AM 6.2 Exercises Dynamic Solutions available at BigIdeasMath.com Vocabulary and Core Concept Check 1. VOCABULARY What is the natural base e? 1 2. WRITING Tell whether the function f (x) = —3 e 4x represents exponential growth or exponential decay. Explain. Monitoring Progress and Modeling with Mathematics In Exercises 3–12, simplify the expression. (See Example 1.) ⋅ ⋅ 4. e−4 e6 3. e3 e5 11e9 22e 27e7 3e 5. — 10 6. — 4 7. (5e7x)4 8. (4e−2x)3 11. ⋅ ⋅ 24. y = e−2x 25. y = 4e−0.5x 26. y = 0.75e x A. e8 12. ⋅ ⋅ ex e4 (−1, 7.39) 14. ✗ ✗ y 8 (−1, 6.59) 6 (0, 4) ex + 3 1 ERROR ANALYSIS In Exercises 13 and 14, describe and correct the error in simplifying the expression. 13. B. y 8 10. √ 8e12x 9. √ 9e6x e−6x 23. y = e2x 3— — ex ANALYZING EQUATIONS In Exercises 23–26, match the function with its graph. Explain your reasoning. −4 −2 C. = 4e 6x e5x −2 D. y 4 (1, 7.39) 2 (1, 2.04) 2 y 8 4 −2 4x 2 6 (0, 0.75) −4 −4 4x 6 2 = e 5x − 2x — e−2x = e 3x 2 8 (4e3x)2 = 4e(3x)(2) 2 (0, 1) (0, 1) 4x −4 −2 4x 2 USING STRUCTURE In Exercises 27–30, use the In Exercises 15–22, tell whether the function represents exponential growth or exponential decay. Then graph the function. (See Example 2.) properties of exponents to rewrite the function in the form y = a(1 + r) t or y = a(1 − r) t. Then find the percent rate of change. 15. y = e3x 16. y = e−2x 27. y = e−0.25t 28. y = e−0.75t 17. y = 2e−x 18. y = 3e2x 29. y = 2e0.4t 30. y = 0.5e0.8t 19. y = 0.5e x 20. y = 0.25e−3x USING TOOLS In Exercises 31–34, use a table of values 21. y = 0.4e−0.25x 22. y = 0.6e0.5x or a graphing calculator to graph the function. Then identify the domain and range. 31. y = e x − 2 32. y = e x + 1 33. y = 2e x + 1 34. y = 3e x − 5 Section 6.2 hsnb_alg2_pe_0602.indd 307 The Natural Base e 307 2/5/15 11:38 AM accounts for a house and education earn annual interest compounded continuously. The balance H (in dollars) of the house fund after t years can be modeled by H = 3224e0.05t. The graph shows the balance in the education fund over time. Which account has the greater principal? Which account has a greater balance after 10 years? (See Example 3.) approximates A = Pe rt as n approaches positive infinity. of two integers? Explain. 40. MAKING AN ARGUMENT Your friend evaluates f (x) = e−x when x = 1000 and concludes that the graph of y = f (x) has an x-intercept at (1000, 0). Is your friend correct? Explain your reasoning. H 10,000 Balance (dollars) nt ) 39. WRITING Can the natural base e be written as a ratio Education Account 41. DRAWING CONCLUSIONS You invest $2500 in an 8,000 account to save for college. Account 1 pays 6% annual interest compounded quarterly. Account 2 pays 4% annual interest compounded continuously. Which account should you choose to obtain the greater amount in 10 years? Justify your answer. 6,000 (0, 4856) 4,000 2,000 0 r n ( 38. THOUGHT PROVOKING Explain why A = P 1 + — 35. MODELING WITH MATHEMATICS Investment 0 4 8 12 16 t 42. HOW DO YOU SEE IT? Use the graph to complete Year each statement. a. f (x) approaches ____ as x approaches +∞. 36. MODELING WITH MATHEMATICS Tritium and sodium-22 decay over time. In a sample of tritium, the amount y (in milligrams) remaining after t years is given by y = 10e−0.0562t. The graph shows the amount of sodium-22 in a sample over time. Which sample started with a greater amount? Which has a greater amount after 10 years? b. f (x) approaches ____ as x approaches −∞. Amount (milligrams) Sodium-22 Decay f x 43. PROBLEM SOLVING The growth of Mycobacterium y 20 tuberculosis bacteria can be modeled by the function N(t) = ae 0.166t, where N is the number of cells after t hours and a is the number of cells when t = 0. 10 0 y 0 10 a. At 1:00 p.m., there are 30 M. tuberculosis bacteria in a sample. Write a function that gives the number of bacteria after 1:00 p.m. 20 t Year b. Use a graphing calculator to graph the function in part (a). 37. OPEN-ENDED Find values of a, b, r, and q such that f (x) = aerx and g(x) = be qx are exponential decay f (x) functions, but — represents exponential growth. g(x) c. Describe how to find the number of cells in the sample at 3:45 p.m. Maintaining Mathematical Proficiency Reviewing what you learned in previous grades and lessons Write the number in scientific notation. (Skills Review Handbook) 44. 0.006 45. 5000 46. 26,000,000 47. 0.000000047 Find the inverse of the function. Then graph the function and its inverse. (Section 5.6) 48. y = 3x + 5 — 50. y = √ x + 6 308 Chapter 6 hsnb_alg2_pe_0602.indd 308 49. y = x2 − 1, x ≤ 0 51. y = x3 − 2 Exponential and Logarithmic Functions 2/5/15 11:38 AM